Fed's Daly speaking at Bloomberg
- Fed has many tools left use
- 2020 is going to be a negative for US GDP growth
- US entered virus episode with strong economic momentum
- Sees inflation being tepid, not reaching 2% goal for a while
- Fed committed to keeping rates in a supportive position
- Fed forward guidance, balance sheet can be stimulus sources
- Pressures on inflation right now are downward, not upward